Variable labour supply and the pure theory of international trade: an empirical note
Previous writers have shown that variable labour supply may lead to perverse price output responses in the two-sector Heckscher-Ohlin model. This note attempts to assess the empirical likelihood, as opposed to the theoretical possibility, of such perversities. Using a range of plausible parameter va...
Main Authors: | , |
---|---|
Format: | Journal article |
Language: | English |
Published: |
North Holland Publishing Company
1980
|
Subjects: |